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Web3 Brands Are Desperate: The Shocking Truth About Blockchain Gamification’s Real Purpose

BlockchainCrypto NewsDeFi Doug Martinez October 15, 2024

A illustration of a cityscape under construction, where skyscrapers are being built with blocks representing different blockchain platforms (e.g., Ethereum, BNB Smart Chain) in the background. In the foreground, people from various backgrounds and ages are shown working on computers or participating in online activities such as social media tasks, staking tokens, or minting NFTs. The atmosphere is chaotic but vibrant, with a mix of futuristic elements and subtle hints at Web3's potential for both good and ill.

Blockchain gamification? More like blockchain gimmickry! It’s just a fancy way of saying ‘task-to-earn’ platform where Web3 brands try to lure in users with cheap tricks and shallow rewards. Midle, the latest entrant in this space, is no exception. Their claim to fame? Creating customized campaigns that reward users for doing stuff they’d probably do anyway (i.e., liking tweets, joining Telegram groups). It’s like trying to get a cat to lick a laser pointer – it might look entertaining at first but ultimately just ends up being annoying.

Source: cointelegraph

How blockchain gamification boosts Web3 brand engagement and user acquisition
https://cointelegraph.com/news/how-blockchain-gamification-boosts-web3-brand-engagement-and-user-acquisition
Midle is a task-to-earn platform that helps Web3 brands to increase engagement. User acquisition is one of the primal challenges faced by brands. A constrained budget, lack of brand awareness, which is especially relevant for startups, and limited access to talent who specialize in attracting users may hinder the growth of a user base. Since Web3 is a relatively novel iteration of the internet, onboarding new users is an even […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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